Trace Oxygen Analyzer Market is Expected to be Worth US$ 2,064.5 Mn by the Year 2032 | FMI

The Trace Oxygen Analyzer Market are set to be valued at over US$ 1.2 Bn in 2022, with a stable long-term projection, according to latest insights by Future Market Insights (FMI). A new report estimates the market to expand at over 5.6% CAGR from 2022 to 2032.

According to Future Market Insights (FMI), increasing application of trace oxygen analyzers in various end use sectors for measuring oxygen content is boosting the demand growth especially in chemical & electronics sector where accurate amount of oxygen content is critical for output production has enhanced the scope for trace oxygen analyzer to target such industries.

The trace oxygen analyzer market has experienced a slight but impactful decline in its demand in FY 2020 due to global pandemic COVID-19 outbreak. Various end-use sectors like chemical, industrial & automotive sector was highly impacted by the pandemic due to lockdown imposed by governments in various regions, distribution channel between manufacturer & consumer was disturbed as well.

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However, in last quarter of 2020 the economies started to get back on the track and impact of COVID-19 is expected to not last more than 3-6 months.

Due to innovative product developments by prominent players and requirement for on-site oxygen analysis in end-use sector, portable trace oxygen analyzers are expected to boost the market for trace oxygen analyzer in forecast period.

Demand for accurate result in lesser period of time in the petrochemical & power generation sector has created a huge demand scope for the Zirconia Oxygen Analyzer. Thus market for the trace oxygen analyzer is expected to grow higher in upcoming period.

Increasing number of players are focusing on research and development related to trace oxygen analyzer. This is anticipated to contribute towards market growth in the years to come.

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Key Takeaways from Trace Oxygen Analyzer Market Study

  • By application, the pharmaceutical & healthcare sectors are projected to hold more than 1/4th volume share of the global market in 2022 owing to robust demand for analyzing oxygen content.
  • The portable trace oxygen analyzer segment is set to hold more than 2/3rd of the market share in terms of value by the end of forecast period.
  • North America will remain a primary market, backed by rising demand from the chemical & petrochemical sectors. It is expected to account for over 26.6% of the demand registered in North America in 2022.
  • By end use, portable segment of the trace oxygen analyzer market is set to surge at CAGR of approximately 5.9% over the coming decade.
  • Globally new sales of trace oxygen analyzer is expected to reach 1.2 Bn in 2032.

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Who is winning?

The trace oxygen analyzer market is highly consolidated with having key players accounting for around more than 70% of the market share. These players are likely to invest in new technology developments and expansion of their distribution networks in order to maintain their market presence.

Some of the key players in this industry include but are not limited to Teledyne Technologies Incorporated, AMETEK, Inc, HORIBA, Ltd., Yokogawa Electric Corporation, Emerson Electric Co., Michell Instruments, Advanced Micro Instruments Inc., Analytical Industries Inc., Ambetronics Engineers Pvt. Ltd., Alpha Omega Instruments Corp., Nova Analytical Systems, Orthodyne, Tiger Optics, LLC.

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Pulp Moulding Machines Market is estimated to be valued at ~ US$ 692 Mn, and is projected to grow at a CAGR of ~ 3.6% during the forecast period

As the world is transitioning towards sustainable and eco-friendly packaging solutions, the demand for biodegradable packing and storage solution is on the rise. FMI estimates that the pulp moulding machine market will experience a year-on-year growth rate of 3.4% in 2021.

As per Future Market Insights (FMI) analysis, the pulp moulding machine market will generate revenue, totaling US$ 692 Mn in 2021. Between 2021 and 2031, the market is forecast to exhibit compound annual growth rate (CAGR) of 3.6% by the end of 2021.

Leading companies such as Huhtamaki Oyj., Brodrene Hartmann A/S, BeSure Technology Co. Ltd., and Acorn Industry will account for nearly 8 to 10% sales in the market in 2021.

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Sales of advanced pulp moulding machines are projected to increase with rising demand for single-use sustainable packaging products. The need for automation, improved efficiency, and lower energy consumption in manufacturing of packaging products is leading end users to adopt more advanced pulp molding machines.

In order to satisfy the evolving customer demand for better performing machinery at reasonable prices, manufacturers are adopting the strategy of up-gradation and optimization. Pulp moulding machine manufacturers are actively focusing on quality improvement of their products and energy optimization in production. The European pulp moulding machine manufacturers are at the forefront in research & development activities.

Rotary machines with automatic features are expected to be highly attractive pulp moulding machines during the forecast period. As small & medium scale end users adopt pulp molding machines, sales of semi-automatic pulp moulding machines are estimated to grow at an impressive rate during the forecast period.

The pulp moulding machine with 1,501-3,500 units/hr. capacity is likely to gain momentum in the global pulp moulding machines market, owing to affordability and efficiency.

The rising demand for molded pulp trays from the food & beverages industry is expected to boost the demand for tray pulp moulding machines. Fruit & egg packaging is estimated to be the leading end-use application of pulp moulding machines in 2021.

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2019 – 2029 Pulp Moulding Machines Market Outlook In Comparison to 2021 – 2031 Forecasts

Initiatives undertaken to eliminate the use of plastics and protect environment has elevated the demand for paper based packaging solutions in recent years. Increasing demand for disposable storage containers has boosted the pulp moulding machine market sales.

In its recent report, FMI has estimated that the pulp moulding machines market will grow at 3.6% CAGR from 2021 to 2031. Increasing use of single use and biodegradable containers will accelerate growth in the coming years.

Improved product offerings and services by pulp moulding machines manufacturers along with capacity expansion will boost the pulp moulding machine market growth.

Key Companies Profiled

  • Huhtamaki Oyj.,
  • Brodrene Hartmann A/S,
  • BeSure Technology Co., Ltd., and
  • Acorn Industry

Key Segments Covered in Pulp moulding machines Market Study

Capacity Type:

  • < 1,500 units/hr.
  • 1,501-3,500 units/hr.
  • 3,501-5,500 units/hr.
  • Above 5,500 units/hr.

Machine Type:

  • Automatic
  • Semi-automatic
  • Manual

Product Type:

  • Rotary
  • Reciprocating

Application:

  • Trays
  • Boxes & Containers
  • End Caps
  • Cups & Bowls
  • Plates
  • Drink Carriers
  • Others

End Use:

  • Food & Beverages
  • Egg Packaging
  • Wine Packaging
  • Fruit Packaging
  • Others
  • Electrical & Electronics
  • Automotive
  • Healthcare
  • Consumer Goods
  • Cosmetic & Personal Care
  • Others

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Canine Flu Therapeutics Market forecast to grow at a CAGR of 4.1% to be valued at US$ 3067.8 Million from 2022 to 2032 | FMI

[305 Pages Report] Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Canine Flu Therapeutics Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Canine Flu Therapeutics Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Canine Flu Therapeutics Market.

The demand for canine flu treatments is expected to reach US$ 1975.4 million in 2022 and is projected to increase at a CAGR of 4.1 percent to reach US$ 3067.8 million from 2022 to 2032. Increased disease prevalence and the lack of a cure are blamed for growth. A CAGR of 3.8% was recorded for the market for biscuit mixtures from 2016 and 2021.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: Intervet Inc., a subsidiary of Merck & Co, Zoetis Services LLC.

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

Segmentation based on Therapeutics Market

  • Vaccines
  • Antibiotics
  • Anti-Inflammatory drugs
  • Others

Segmentation based on End User

  • Veterinary Hospitals
  • Vet Clinics
  • Animal Healthcare Facilities

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Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

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Queries Solved

  • What is the size of the overall Canine Flu Therapeutics Market in the Healthcare Industry and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Canine Flu Therapeutics Market in the Healthcare Industry, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Canine Flu Therapeutics Market in the Healthcare Industry?
  • What is the Canine Flu Therapeutics Market in the Healthcare Industry size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Canine Flu Therapeutics Market in the Healthcare Industry?
  • What are the recent trends in Canine Flu Therapeutics Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Canine Flu Therapeutics Market in the growth of the Healthcare Industry?
  • What are the key market trends impacting the growth of the Canine Flu Therapeutics Market in the Healthcare Industry?

Table of Content

  • Executive Summary
  • Market Overview
  • Key Success Factors
  • Global Canine Flu Therapeutics Market – Pricing Analysis
  • Market Background

Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Box and Carton Overwrap Films Market is estimated at US$ 1.2 Bn in 2022

The market for box and carton overwrap films is anticipated to reach US$ 1.5 Billion by 2028, growing at a CAGR of 3.8% from 2022 to 2028. The market is expected to reach US$ 1.2 Billion in 2022.

According to a study by Future Market Insights, the stretch film type segment of the market for box and carton overwrap films is expected to hold a market share of roughly 66% in 2022 and grow at a CAGR of 4.4% from that year through the following year.

With a projected market share of 30.4% in 2022, the APEJ region is predicted to lead the market for box and carton overwrap films.

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How will the Growing Preference for Biodegradable Films Drive the Box and Carton Overwrap Films Market Growth?

The overwrapping films market, and broadly, the packaging films market is undergoing a rapid transformation towards a sustainable future. Manufactures have been adopting three key technologies for the production of biodegradable overwrap films depending on the material used. These materials include polypropylene, polylactic acid (i.e. corn starch), and cellophane (wood-based).

Companies such as Treofan and Innovia Films (CCL Industries) have been marketing overwrap or barrier films manufactured from corn starch (Biophan) and wood pulp (cellophane), respectively. The growing preference of the manufacturers, as well as the consumers towards the sustainable packaging solution, is anticipated to drive the market growth for biodegradable box and carton overwrap films.

Competitive Landscape

Leading box and carton overwrap films manufacturers are committed to launching new products in the market targeting specific end-use industries. Key players in the box and carton overwrap films market are also making investments to increase their manufacturing capabilities and geographical footprint in an attempt to increase their market share.

For instance, in April 2021, Berry Global Inc. announced the investment of US$ 70 Mn for new multilayer blown film lines at its North American facilities for consumer packaging solutions in food, beverage and e-commerce applications.

In March 2021, Innovia Films, a division of CCL Industries announced the launch of a new film, REF30cn in its range of sustainable PP packaging films, Encore. The new film can be used for both overwrap and flow-wrap applications.

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Key Companies Profiled

  • Berry Global Inc.
  • Uflex Ltd.
  • Jindal Poly films Ltd.
  • Futamura Chemical Co., Ltd.
  • Irplast S.p.A.
  • CCL Industries, Inc.
  • Terichem A.S.
  • Smurfit Kappa Group plc
  • Treofan Group
  • Taghleef Industries LLC
  • SIBUR International GmbH
  • Cosmo Films Ltd.
  • Garware Polyester Limited

Box and Carton Overwrap Films Market by Category

By Material Type:

  • PVC
  • PE
  • PP
  • PET
  • Others

By Film Type:

  • Shrink Film
  • Stretch Film

By Film Thickness:

  • <20 Microns
  • 20-40 Microns
  • >40 Microns

By Coating Type:

  • Coated Films
    • Acrylic-coated
    • PVDC-coated
    • EVOH-coated
    • Acrylic-PVDC Mix
  • Uncoated Films
    • BOPP
    • BOPET
    • CPP
    • BOPA
    • BOPLA

By End Use:

  • Food
    • Processed Food
    • Fresh Produce
    • Dairy Products
    • Bakery & Confectionery
      • Biscuit
      • Chocolate
      • Others
    • Other Foods
  • Beverage
  • Personal Care & Cosmetics
    • Makeup
    • Cream & Lotion
    • Perfume
    • Others
  • Automotive

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Table of Content

1. Executive Summary

1.1. Global Market Overview

1.2. Analysis and Recommendations

2. Market Overview

2.1. Market Definition

2.2. Market Coverage

3. Key Market Trends

3.1. Key Trends Impacting the Market

3.2. Product Innovation / Development Trends

4. Key Success Factors

4.1. Product Adoption / Usage Analysis

4.2. Product USPs / Features

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Agriculture Testing Services Market is Anticipated to Observe a CAGR of ~ 6% over-2028

The agriculture testing services market size is estimated to be valuated at ~US$ 4 Bn in 2018. The agriculture testing services market is expected to observe a CAGR of ~ 6% over-2028.

The agriculture testing services conduct various types of testing such as that of water, soil, seeds, food, fertilizers, and other testing services to inspect and determine their quality parameters.

The increasing demand for agriculture testing services across the globe to maintain the quality standards and to maximise agriculture production is boosting the market growth significantly. The agriculture testing services market is segmented on the basis of sample type, by service type, by end user, and by region.

On the basis of end users, the agriculture testing services market has been segmented into farmers, agricultural consultants, fertiliser manufacturers, research bodies, and others. On the basis of region, the agriculture testing services market has been segmented into North America, Latin America, Europe, East Asia, South Asia, Oceania, Middle East and Africa and Emerging Countries

On the basis of sample type, the agriculture testing services market has been segmented into water, soil, seed, water, fertilizer, food, and others. On the basis of service type, the agriculture testing service market has been segmented into on-site and off-site agriculture testing services..

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Rapidly increasing global population and urbanisation are some of the major concerns across the globe. Increasing population creates a burden on the agriculture industry to maximise the overall yield production.

Continuous focus on the maximisation of yield production also requires a larger quantity of agriculture products such as fertilizers, seeds, and others. The increasing demand for the quality inspection of these agriculture products to generate the maximum yield is ultimately boosting the agriculture testing service market.

Key Players Focused on Expansion in Lucrative Asian Markets

Regions such as North America, Europe, and East & South Asia are among the key regions in which the agriculture industry is growing rapidly.

Prominent manufacturers are continuously focusing on these regions to capture a significant market share in terms of revenue. Agriculture testing service providers provide various types of testing services such as soil testing, food testing, water testing, seed testing, fertiliser testing, and other testing services in these regions.

The presence of an adequate number of key agriculture service providers and the frequent requirement of agriculture testing services in these regions is fuelling the growth of the agriculture testing service market. These key agriculture testing service providers firmly believe in acquisitions and expansion strategies to expand their global footprints.

  • For instance, Eurofins, one of the prominent agriculture testing service providers, announced the acquisition of Laboratoire de Bromatologie de l’Ouest (LBO) to extend its network of food testing laboratories in France on May 23, 2018
  • The company also strengthened its footprint in France by acquiring Protec Group to expand its food and water testing activities
  • ALS Limited, another agriculture testing service provider, acquired the Mikrolab Group in Sweden on October 3, 2017. The Mikrolab Group provides pharmaceutical, environmental, and food testing to a wide range of clients

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The report tracks some of the key companies operating in the market, such as BUREAU VERITAS, Intertek Group plc, Eurofins Scientific, SGS SA, A&L Great Lakes., Agri-Labs, Inc., Polytest Laboratories, Waters Agricultural Laboratories, Inc., J. K. ANALYTICAL LABORATORY & RESEARCH CENTRE, Lilaba Analytical Laboratories, Kinsey Ag Services, AgroLab, TÜV NORD GROUP, Akshar Analytical Laboratory & Research Center, and AGQ Labs USA, and Interstellar Testing Center Pvt. Ltd.

SGS SA, BUREAU VERITAS, Intertek Group plc, and Eurofins Scientific are estimated to capture a prominent share of the agriculture testing service market. These tier 1 companies hold a share of approximately ~ 50 % of the agriculture testing service market.

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Key Segment

By Sample Type

  • Soil
  • Seed
  • Water
  • Fertilizer
  • Food
  • Others

By Service Type

  • Off-Site Services
  • On-Site Services

By End User

  • Farmers
  • Agricultural Consultant
  • Fertilizer Manufacturers
  • Research Bodies
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • MEA
  • Emerging Countries

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About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Gastric Space-Occupying Devices Market to Surpass US$ 810.8 Mn by 2032

The prevalence of obesity is the primary factor which is underpinning demand for gastric space-occupying devices. Obesity is a public health concern across the globe. Over the forecast period, the obesity crisis is projected to worsen, propelling demand for gastric space-occupying device growth.

The WHO estimates that being overweight or obese causes around 2.8 million adult deaths annually. Additionally, obesity and overweight are associated with 23% of cardiac diseases, 44% of diabetes cases, and 7% to 41% of particular cancer cases.

Further, according to the World Obesity Federation and World Obesity Atlas (2022), 1 in 7 men and 1 in 5 women worldwide will be obese by 2030. The necessity for developing novel, minimally invasive treatments with a greater margin of safety and efficacy for conditioning weight loss is driving product innovations in the market.

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As per Future Market Insights’ latest industry analysis, the valuation for the global gastric space-occupying devices market was around US$ 197.5 Mn in 2021. Sales are projected to increase at a CAGR of 13.7% over the forecast period, with the market size reaching US$ 810.8 Mn in 2032.

Growing disposable income in emerging countries and increasing initiatives by government organizations for creating awareness among obese populations are anticipated to boost sales. For instance, according to the American heart association, the total healthcare spending will reach up to US$ 957 billion from US$ 861 billion by 2030.

High expenditure on healthcare has encouraged governments in various countries to take action to reduce obesity and the associated comorbidities. In 2017, the Centers for Disease Control and Prevention (CDC), sponsored US$ 8.5 million to 50 states along with the district of Columbia to improve strategies to decrease incidences of obesity in the region with a high-obesity population.

“High preference for minimally invasive surgeries, along with increasing awareness regarding obesity-related disorders among youth is expected to fuel demand for gastric space-occupying devices over the forecast period,” says an FMI analyst.

Key Takeaways:

  • Based on product type, sales of gastric balloons are forecast to rise at a 13.6% CAGR over the assessment period.
  • By end user, hospitals are leading in the global gastric space-occupying devices market, with demand projected to grow at a 10.9% CAGR through 2032.
  • The U.S. accounted for 83.3% of the North America gastric space-occupying devices market in 2021.
  • Sales in the China gastric space-occupying devices are projected to increase at a 14.4% CAGR through 2032.
  • The U.K. will emerge as an attractive market, with demand growing at a 12.5% CAGR over the forecast period.
  • North America is considered the leading region with a value share of 34.3% in 2021, owing to the high prevalence of obesity in the region.

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Competition Landscape

Leading players in the gastric space-occupying devices market are adopting various strategies such as product launches, mergers & acquisitions, partnerships, and agreements to strengthen their market presence as well as to expand their existing product portfolio. For instance:

  • In August 2020, Obalon signed consulting agreement as part of a strategy to seek coverage and reimbursement for the Obalon balloon system.

What Does the Report Cover?

Future Market Insights offers a unique perspective and actionable insights on the gastric space-occupying devices market in its latest study, presenting a historical demand assessment of 2017 – 2021 and projections for 2022 – 2032.

The research study is based on the product – (gastric balloons and oral palatal space-occupying devices), by end-users (hospitals, speciality clinics, and ambulatory surgical centres), across seven key regions of the world.

Key Players:

  • Apollo Endosurgery, Inc.
  • Obalon Therapeutics, Inc.
  • Allurion Technologies, Inc.
  • Helioscopie
  • Endalis
  • MEDSIL
  • ReShape Medical, Inc.
  • Lexel Medical
  • Scientific Intake

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Key Market Segments Covered In Gastric Space-Occupying Devices Industry Research

By Product:

  • Gastric Balloons
  • Oral Palatal Space Occupying Devices

By End-User:

  • Hospitals
  • Speciality Clinics
  • Ambulatory Surgical Centers

Table of Content
1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

    2.3. Inclusions & Exclusions

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Innovation / Development Trends

4. Key Success Factors

    4.1. Key Promotional Strategies, By Key Player

    4.2. Product Adoption/Usage Analysis

    4.3. Technology Assessment

    4.4. Regulatory Scenario

    4.5. Value Chain Analysis

    4.6. Porter’s Analysis

    4.7. PESTEL analysis

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About Us :

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
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Steel Drum Market is projected to witness linear growth between 2022 and 2031 at a CAGR of 4.9%

The global steel drum market is projected to witness linear growth between 2022 and 2031 at a CAGR of 4.9%, reaching US$ 18.6 Bn by the year 2031.

Steel drums have emerged as preferred rigid packaging solutions as they are increasingly used for transporting hazardous and non-hazardous material. According to a study by Future Market Insights (FMI), the steel drums market is forecast to register steady growth on the back of increasing applications in industries such as chemicals, food & beverages, petroleum & lubricants, healthcare & personal care, building & construction, paints, inks, & dyes, and others.

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Growth forecast for the market remains positive in response to the consistently rising demand for safe & secure and cost-effectiveness solutions. Steel drums are often preferred for transporting chemicals because they are environmentally friendly, fire resistance, and have various other advantages. Considering the availability, steel drums are available in two different materials, stainless steel and carbon steel. Of these, carbon steel is preferred more.

Over the past few years, the steel drum is gaining popularity among various end-use industries especially for storage and transportation of liquid materials as it offers safe and secure packaging solution. Also, rising concerns about sustainability is creating growth opportunities. Future Market Insights forecasts the market to continue growing at a positive rate between 2021 and 2031.

Key Takeaways from Steel Drum Market

  • Driven by rising demand for effective packaging solutions, steel drums market will rise at 5% CAGR between 2021 and 2031
  • Within the U.S., the chemicals industry will account for maximum sales of steel drums
  • Moderate growth is likely in the U.K. market, driven by increasing application in chemicals and petroleum & lubricants industries
  • Germany and France will remain highly lucrative markets for steel drums within Europe
  • Exceptional growth is likely in China, as demand continues increasing across diverse industries including chemicals, paints, inks & dyes, and petroleum & lubricants sectors

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“Companies operating in the market are focusing on improving designs of steel drums to make them more light-weight, efficient, and cost-effective. Also they are focusing on expanding footprint via strategic collaborations,” says an FMI analyst. 

Rise in Demand for Steel Drum in Chemical Sector Augmenting Sales

The demand for steel drums in the chemical industry is rising due to the changing way of industrial packaging solution by pooling and leasing the containers and drums. The standards for using steel drums are set by various countries and various regulations such as the U.S. Department of Transportation (DOT), United Nations regulations. Majorly the steel drums are used by the chemical industry to store and transport hazardous and non-hazardous materials.

Also, the steel drum offers high safety and easy warehousing benefit which bolster their demand in the chemical industry. The steel drum is highly used for liquid chemicals in the global industrial packaging market. The chemical segment is expected to hold more than 35% of the steel drums market and estimated to witness faster-growing demand in the next five years, owing to favourable transportation regulations and international trade.

Steel Drum Market Landscape

Greif Inc., Mauser Packaging Solution, and SCHÜTZ GmbH & Co. KGaA are the top players operating in the steel drum market. Furthermore, Time Technoplast Ltd., Balmer Lawrie & Co. Limited, Nippon Steel Drums Co. Ltd., are some of the companies operating in the steel drum market. The Tier 3 players in the market hold 75-80% in the global steel drum market.

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Key Segments Covered In Steel Drum Industry Research

Capacity:

  • 55 Gallon
  • Other than 55 Gallon

Head Type:

  • Tight Head
  • Open Head

Material:

  • Carbon Steel
  • Stainless Steel

End-Use:

  • Chemicals
  • Petroleum & Lubricants
  • Paints, Inks, & Dyes
  • Food & Beverages
  • Building & Construction
  • Healthcare & Personal Care
  • Others

Region:

  • North America
  • Latin America
  • Europe
  • Middle East and Africa (MEA)
  • East Asia
  • South Asia
  • Oceania

Key Questions Answered in the Report

  • How much is the Steel Drum market currently worth?
  • What is the sales forecast for Steel Drum through 2031?
  • What was last 6-year market CAGR for the sales of Steel Drum?
  • Who are the key manufacturing companies for Steel Drum?

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About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

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Slitter Rewinder Machines Market is forecasted to register a CAGR of 3.8% during 2022-2028

The slitter rewinder machines market is surveyed at US$ ~1.2 Bn in 2022 and is projected to show up at US$ ~1.5 Bn by 2028, at a CAGR of 3.8% from 2022 to 2028.

The slitter rewinder machines market saw taking off advancement in 2021 with generally livelihoods up 4.2% year over year. One more guess by FMI checks that slitter rewinder machines livelihoods will augment some place in the scope of 2022 and 2028 close by setting out a consistent opportunity of US$ ~334 Mn during the assessed period.

As of late let data out of slitter rewinder machines market examination shows that overall arrangements of the general spot winder slitter rewinder machines market is supposed to enroll a CAGR of 3.5% during 2022-2028 close by holding the market worth of US$ ~753 Mn around the completion of 2028.

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APEJ district is expected to stay the main locale for slitter rewinder machines market among different areas. APEJ is assessed to hold around 42% of the market esteem share toward the finish of 2028.
The slitter rewinder machines market comprise around 2% of the worldwide bundling hardware market worth US$ ~58 Bn in 2021.

Center-surface and Surface Winder Machines to Buckle-up

With more than 50% share of the total revenue of slitter rewinder machines market at present, the center winder type of slitter rewinder machines continues to dominate. Although low price point has been the key driver for sales growth of this type of slitter rewinder machines over the years, it is more likely that this segment will witness a sluggish growth in revenue over the next few years, says the report.

However, attributed to a relatively superior control over the tension created in rewinding material, surface winder and center-surface winder types of slitter rewinder machines are projected to gather ground at a rapid pace, according to the report.

High Speed Converting Applications to Gain Momentum

High speed rewinding is constantly witnessing growing demand, subsequently pushing the sales of slitter rewinder machines operating at above 800 m/min. This remains the top selling segment in the speed category of slitter rewinder machines landscape that currently accounts for over 40% share in the total market value.
Whereas, the report positions 601-800 m/min as the next popular segment in slitter rewinder machines market.

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Sustainability Issues Associated with Plastic to Shape Adoption Patterns

As presented in the report, paper and plastic converting applications continue to cumulatively cover a whopping 94% share in the market value. However, applications in plastic and plastic-based material converting are witnessing a strong challenge for further growth owing to the ascending environmental concerns across the globe. Paper has been projected for a significant incremental opportunity, as highlighted in the report.

As the challenges associated with the use of plastic films and plastic-based materials are raising sustainability concerns to a great extent, the demand for slitter rewinder machines in plastic converting applications is stagnated.

As a result, the sales of center slitter rewinder machines are falling. However, it is conversely pushing prospects of surface winder machines and center-surface winder machines used predominantly in paper converting applications. A few other prominent applications include converting of technical films and a range of pressure sensitive materials.

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APEJ Continues to Reflect Hefty Investment Potential

With more than 35% of the total market value and a substantial incremental opportunity projection, APEJ remains the most lucrative region for penetration of slitter rewinder machines.On the other side, North America and Western Europe hold a relatively similar share in the market value, representing the second highest performing regions in slitter rewinder machines marketplace.

Rampant expansion of plastic and packaging industries across developing Asian economies is prominently attributed to the growth of APEJ market for slitter rewinder machines.

Brisk growth in the demand for converting applications is identified to be a strong factor propelling the number of converting firms – thereby fueling the revenue growth of slitter rewinder machines market.

The flourishing paper industry in MEA is most likely to create lucrative deployment opportunities for manufacturers and suppliers of slitter rewinder machines in the region. The report indicates a moderate yearly revenue of MEA slitter rewinder machines market in and ahead of 2019.

Competitive Landscape
The key manufacturers operating in slitter rewinder machines market are trying to focus on expanding their production capacity by increasing the existing facility. Also, the players are developing and launching a new product under the slitter rewinder machines portfolio to cater for the increasing demand for packaging solutions.

In March 2021, the British company and one of the leader for manufacturing slitting technology Atlas Converting Equipment Ltd. becomes a member of Kampf Schneid- & Wickeltechnik GmbH & Co. KG as a part of the Jagenberg Group Industrial Solutions sector. Through this partnership both the companies are planning to provide future proof machines and high level slitting technology solutions for their global customers.
In January 2020, NISHIMURA MFG. CO., LTD. announced the launch of a new product under its slitter rewinder machines portfolio named Model FH154J.

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Slitter Rewinder Machines Market by Category

By Maximum Operating Speed:

  • Less than 300 m/min
  • 300 to 600 m/min
  • 601 to 800 m/min
  • Above 800 m/min

By Machine Type:

  • Center Winder
  • Surface Winder
  • Center-surface Winder

By Substrate:

  • Paper
  • Plastic
  • Metal
  • Textile

About Future Market Insights, Inc.

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse Latest Market reports: https://www.futuremarketinsights.com/reports

Dyslexia Treatments Market Latest Advancements and Business Opportunities

Dyslexia is neurologically based and often hereditary. It is associated with difficulties in reading, writing, spelling and organization. Functional Magnetic Resonance Imaging shows that the brains of people with dyslexia develop and function in a different way.3 Dyslexia makes fluent reading difficult, which affects not only academic success but also self-esteem and social-emotional development.

Impact of COVID-19 on the Healthcare Industry

The COVID-19 pandemic has caused severe impacts on the global economy at various levels and which can be seen on the Healthcare industry as well. The thriving market of health care research and development is expected to exhibit a steep decline in the sales during the lockdown period owing to the shutdown of the manufacturing units, acute shortage in the supply of raw materials and absence of potential manpower. It can be deduced from the current situations brought about by the pandemic that the production, and supply chain activities have experienced minor hurdles. However, the market is projected to gradually recover post-COVID-19, which will present attractive opportunities for sales across various regions of the world in the following years.

Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Dyslexia Treatments Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast.

The team of analysts at Future Market Insights are focussing on research and market study to produce different Dyslexia Treatments Market forecasts and predictions at both national and international levels. They have considered several leads of information pertaining to the industry like market figures and merger estimations to assess and produce reliable and informative insights on the Dyslexia Treatments Market.

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Key Players

The writer will create content on the general strategies of market players. And then will write the key players in the market are: DK Pharmachem, Pfizer Inc., RPG Life Sciences Ltd, Wallace Pharmaceuticals Ltd., Cian Healthcare Pvt Ltd, Rhodes Pharmaceuticals, L.P., Purdue Pharma, Apotex Corporation and Unither Pharmaceuticals

Segmentation

The report provides insights on the important highlights and current trends prevailing in the market. This helps the readers to gain a deeper understanding and form an unbiased opinion on the market. Numerous segmentations have been provided for this market based on:

On the basis of drug type the dyslexia treatments market can be segment as:

  • Cyclizine
  • Meclizine
  • Dimenhydrinate
  • Methylphenidate

On the basis of distribution channel the dyslexia treatments market can be segment as:

  • Hospital Pharmacies
  • Retail Pharmacies
  • Online Pharmacies

Product Segmentation

The investigation offers a top to bottom evaluation of different clients’ journeys pertinent to the market and its segments. The study endeavours to assess the current and future development possibilities, undiscovered roads, factors that shapes their income potential in the global market by breaking it into di such as its types, applications, and region-wise assessment.

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By Regional Analysis Covered

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Rest Of Latin America)
  • Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
  • Eastern Europe (Poland, Russia, Rest Of Eastern Europe)
  • Asia Pacific Excluding Japan (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • Middle East and Africa (GCC countries, S. Africa, N. Africa, Rest Of MEA)

Full in-depth analysis of the parent market

The analysts at FMI are dedicated to provide insights after extensive research and study. The study also includes estimations, projections and evaluation of the market dynamics.

Important changes in market dynamics

The report has been created after detailed and exhaustive studies by the analysts at FMI taking several factors into consideration like monetary, ecological, social, mechanical, and political status of a particular demography. They study the key data to assess the revenue and production of manufacturers across various regions. The report also covers an in-depth analysis of the key changes in market dynamics in the recent past and the near future.

Segmentation details of the market

  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets

Queries Solved

  • What is the size of the overall Dyslexia Treatments Market in the Healthcare Industry and its segments?
  • What are the key segments and sub-segments in the market?
  • What are the key drivers, restraints, opportunities, and challenges of the Dyslexia Treatments Market in the Healthcare Industry, and how they are expected to impact the market?
  • What are the attractive investment opportunities within the Dyslexia Treatments Market in the Healthcare Industry?
  • What is the Dyslexia Treatments Market in the Healthcare Industry size at the regional and country-level?
  • What are the key market players focusing on?
  • What are the strategies for growth adopted by the key players in Dyslexia Treatments Market in the Healthcare Industry?
  • What are the recent trends in Dyslexia Treatments Market in the Healthcare Industry? (M&A, partnerships, new product developments, expansions)?
  • What are the challenges to the Dyslexia Treatments Market in the growth of the Healthcare Industry?
  • What are the key market trends impacting the growth of the Dyslexia Treatments Market in the Healthcare Industry?

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Table of Content

  • Executive Summary
  • Market Overview
  • Key Success Factors
  • Global Dyslexia Treatments Market – Pricing Analysis
  • Market Background

Reasons to Buy the report

  • We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.
  • Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.
  • The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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Sanitary Food & Beverage Packaging Market Trends, Growth, Future Demand, Analysis and Forecast by 2031

Sanitary food & beverage packaging is expected to garner immense revenue generation opportunities across the US market throughout North America. Stringent packaging regulations imposed by key regulatory authorities such as the Food & Drug Administration (FDA) is likely to be the chief growth driver for the regional market

According to Future Market Insights, the sanitary food & beverage packaging market saw soaring growth in 2022 at compound annual growth rate (CAGR) of 5%. As per recently updated FMI analysis, the sanitary food & beverage packaging market likely to register 5.8% CAGR between 2021 and 2031.

Implementation of strict regulatory policies by international food & beverage packaging regulatory bodies to promote sustainable sanitary food & beverage packaging will accelerate the market growth. Modernization in food packaging industry has also made a significant impact on sanitary food & beverage packaging market growth. Introduction of eco-friendly packaging materials and digitization of supply chain will boost the market growth.

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How Lucrative is the Sanitary F&B Packaging Market in the UK?

The UK sanitary food & beverage packaging market is highly reliant on the government’s legal labelling requirements. According to UK law, all prepacked foods require a food label that displays certain mandatory information. All food is subject to general labelling requirements and any labelling provided must be accurate and not misleading.

As per the UK Food Standards Agency, food manufacturers are required to clearly indicate the name of the food as prescribed under law. In the absence of a legal name, a customary name can be used. Furthermore, a list of ingredients must be clearly indicated in the order of weight, as well as information about potential allergens. Recently, in April 2021, the British Soft Drinks Association (BSDA) reinforced its commitment to endorse regulatory provisions requiring energy drink companies to declare high caffeine content if present on their product containers.

Key Takeaways

  • Rapid population growth, increasing consumer spending on food and beverages, and strict government regulations will provide lucrative market growth opportunities in U.S.
  • Establishment of legal labeling system coupled with presence of leading market players in the U.K. will drive the sanitary food & beverage packaging market growth in the country.
  • Growing emphasis on developing sustainable packaging and recycling process and government initiatives towards creating bio-based plastic food packaging will accelerate the market growth in Germany.
  • Constant efforts from Japanese government towards reducing micro-plastics and restricting the unwanted packaging waste will drive the market growth during the forecast period in Japan.
  • Thriving food delivery services in China has led to surge in discarded plastic waste. Government and food companies are promoting customers towards recycling of the plastic wastes by offering rewards. Such strategies will fuel the market growth in China.

Prominent Drivers

  • Stringent food safety regulations implemented to ensure that quality of product is maintained will accelerate the sanitary food & beverage packaging market growth.
  • Rising population and elevated consumption of packed foods and beverages will drive the market growth.
  • Increasing government efforts to make paper and paper product based sanitary food & beverage packaging and increasing environment related awareness will intensify the market growth.

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Key Restraints

  • High capital investment and high supply chain maintenance cost hampers the adoption of advance sanitary food & beverage packaging system among small manufacturers.
  • Rising cases of counterfeiting and cheap imitation of authentic products restricts the market growth.
  • Banning of plastic in many countries will negatively influence the sanitary food & beverage packaging market sales.

Prominent sanitary food & beverage packaging market players profiled by FMI’s report include:

  • FP Corporation
  • Chuo Kagaku Co. Ltd.
  • Karatzis SA
  • Crown Holdings Inc.
  • Ball Corporation
  • Silgan Containers
  • Kaira Can Company Limited
  • Canfab Packaging Inc.
  • Berlin Packaging LLC

Table of Content

  1. Global Sanitary Food and Beverage Packaging Market – Executive Summary
  2. Global Sanitary Food and Beverage Packaging Market Overview

2.1. Introduction

2.1.1. Global Sanitary Food and Beverage Packaging Market Taxonomy

2.1.2. Global Sanitary Food and Beverage Packaging Market Definition

2.2. Global Sanitary Food and Beverage Packaging Market Size (US$ Mn) and Forecast, 2021 – 2031

  1. Global Sanitary Food and Beverage Packaging Market Analysis and Forecast By Packaging Type

3.1. Global Sanitary Food and Beverage Packaging Market Size and Forecast By Packaging Type, 2021 – 2031

3.1.1. Paperboard Market Size and Forecast, 2021 – 2031

3.1.1.1. Revenue (US$ Mn) Comparison, By Region

3.1.1.2. Market Share Comparison, By Region

3.1.1.3. Y-o-Y growth Comparison, By Region

3.1.2. Rigid Plastic Market Size and Forecast, 2021 – 2031

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About Us:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Website: https://www.futuremarketinsights.com

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